Korea Fund (KF)
42.99
-0.34 (-0.79%)
USD |
Feb 24, 20:00
Price Chart
Key Stats
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| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.22% | -14.58% | 253.71M | 7502.83 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 1.22% | 42.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| Under the prior restriction on lending, the Fund was limited to lending securities equal to no more than 25% of its total assets. Current SEC staff guidance permits securities lending up to 50% of the Funds net assets (33% of its total assets, including collateral from securities loans). Under the new fundamental investment restriction, the Fund will be permitted (i) to make securities loans to the extent provided by SEC staff guidance (currently up to 50% of its net assets) and (ii) to make other loans (including repurchase agreements with a maturity longer than seven days) without limit, so long as they are consistent with the Funds investment policies and are not made to persons who control or are under common control with the Fund. To achieve long-term capital appreciation through investment in Korean securities, primarily equity securities listed on the Korea Stock Exchange. It is the policy of the Fund to invest at least 80% of its net assets in securities listed on the Stock Exchange. The balance of the net assets normally will be invested in short-term debt securities of the Korean government and in recognised Korean money market instruments. The annual turnover rate will not normally exceed 50%. Any change to the investment policy will require the Board to give a minimum of 60 days notice to the stockholders. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | International Equity |
| Broad Category | Equity |
| Category Name | Miscellaneous Region |
| Category Index | MSCI ACWI Ex USA NR USD |
| Prospectus Objective | Pacific Stock |
| Fund Owner Firm Name | Allianz Global Investors |
| Prospectus Benchmark Index | |
| KRX KOSPI Korea PR KRW | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSACXUSNTR | 100.0% |
| Manager Tenure | |
| Chris Leung | 6.95 yrs |
| Chung Jun Yun | 0.92 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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1 Year
% Rank:
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-212.30M
Category Low
1.430B
Category High
3 Months
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3 Years
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6 Months
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5 Years
% Rank:
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YTD
% Rank:
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10 Years
% Rank:
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Date Unavailable
Performance Versus Category
As of February 24, 2021. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
Edit comparables
As of February 24, 2021.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Samsung Electronics Co Ltd
|
23.78% | -- | -- |
|
SK Hynix Inc
|
6.28% | -- | -- |
|
NAVER Corp
|
5.61% | -- | -- |
|
Hyundai Motor Co
|
5.31% | -- | -- |
|
LG Chem Ltd
|
4.27% | -- | -- |
|
LG Household & Health Care Ltd
|
4.03% | -- | -- |
|
Samsung SDI Co Ltd
|
3.37% | -- | -- |
|
Kumho Petro Chemical Ltd
|
2.79% | -- | -- |
|
Celltrion Inc
|
2.73% | -- | -- |
|
Kakao Corp
|
2.72% | -- | -- |
News
Headline
Wire
Time (ET)
Yahoo
11/30 16:05
Business Wire
08/28 19:11
Basic Info
| Investment Strategy | |
| Under the prior restriction on lending, the Fund was limited to lending securities equal to no more than 25% of its total assets. Current SEC staff guidance permits securities lending up to 50% of the Funds net assets (33% of its total assets, including collateral from securities loans). Under the new fundamental investment restriction, the Fund will be permitted (i) to make securities loans to the extent provided by SEC staff guidance (currently up to 50% of its net assets) and (ii) to make other loans (including repurchase agreements with a maturity longer than seven days) without limit, so long as they are consistent with the Funds investment policies and are not made to persons who control or are under common control with the Fund. To achieve long-term capital appreciation through investment in Korean securities, primarily equity securities listed on the Korea Stock Exchange. It is the policy of the Fund to invest at least 80% of its net assets in securities listed on the Stock Exchange. The balance of the net assets normally will be invested in short-term debt securities of the Korean government and in recognised Korean money market instruments. The annual turnover rate will not normally exceed 50%. Any change to the investment policy will require the Board to give a minimum of 60 days notice to the stockholders. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | International Equity |
| Broad Category | Equity |
| Category Name | Miscellaneous Region |
| Category Index | MSCI ACWI Ex USA NR USD |
| Prospectus Objective | Pacific Stock |
| Fund Owner Firm Name | Allianz Global Investors |
| Prospectus Benchmark Index | |
| KRX KOSPI Korea PR KRW | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSACXUSNTR | 100.0% |
| Manager Tenure | |
| Chris Leung | 6.95 yrs |
| Chung Jun Yun | 0.92 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (2-24-21) | 1.22% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 19.33 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of October 31, 2020
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 8/29/1984 |
| Last Annual Report Date | 6/30/2020 |
| Last Prospectus Date | 3/31/1997 |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan |
|
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
Yahoo
11/30 16:05
Business Wire
08/28 19:11